Xometry: Q4 Earnings Snapshot

Associated Press Finance
25 Feb

NORTH BETHESDA, Md. (AP) — NORTH BETHESDA, Md. (AP) — Xometry Inc. (XMTR) on Tuesday reported a loss of $9.9 million in its fourth quarter.

On a per-share basis, the North Bethesda, Maryland-based company said it had a loss of 20 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 6 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.

The marketplace for on-demand manufacturing posted revenue of $148.5 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $146.3 million.

For the year, the company reported a loss of $50.4 million, or $1.03 per share. Revenue was reported as $545.5 million.

For the current quarter ending in March, Xometry said it expects revenue in the range of $147 million to $149 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XMTR at https://www.zacks.com/ap/XMTR

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